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21 February, 07:28

The former soviet union was known for black markets. an explanation for the existence of these illegal markets is that:

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  1. 21 February, 11:25
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    Black markets are where goods or products are sold ilegally at lower prices because these markets do not pay taxes. They exist because consumers would naturally opt for lower prices rather than the normal price. Also, to do away with government permits and other official procedures, people would just directly buy weapons in the black market.
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